THE MISSION OF PUTNAM HOSPITAL CENTER FOUNDATION IS TO RAISE FUNDS, REINVEST AND ADMINISTER THESE FUNDS AND MAKE DISTRIBUTIONS TO PUTNAM HOSPITAL AND OTHER NOT-FOR-PROFIT AFFILIATES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$15.9M
+11.5% YoY
Annual Giving
$770K
+301.9% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$385K
+100.9% YoY
About Putnam Hospital Center Foundation Inc
Based on IRS filings
Putnam Hospital Center Foundation Inc is a nonprofit organization focused on Health, based in CARMEL, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $15.9M in total assets. In 2024, it awarded 2 grants totaling $770K. Net investment income was $101K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $15,905,420 | $14,266,035 | $15,382,448 |
| Revenue | $537,399 | $835,664 | $1,116,405 |
| Expenses | $908,126 | $445,474 | $160,366 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $100,873 | $107,217 | $398,756 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOSEPH A DEMARZO | VICE CHAIR (TO 12/31); CHAIR (FROM 01/01) | 1 | — |
| LORETTA MOLINARI | VICE CHAIR (FROM 01/01) | 1 | — |
| MARK K HIRKO MD | PRESIDENT - PUTNAM HOSPITAL | 0.5 | — |
| WAYNE RYDER | CHAIR (TO 12/31) | 1 | — |
| BARBARA TUFANO | DIRECTOR (FROM 01/01) | 0.5 | — |
| CORRINNE DIVESTEA | DIRECTOR | 0.5 | — |
| JEFFREY KELLOGG | DIRECTOR | 0.5 | — |
| JOSEPH ROBERTO | DIRECTOR | 0.5 | — |
| JUSTIN MUENZ | DIRECTOR | 0.5 | — |
| KENNETH KEARNEY | DIRECTOR | 0.5 | — |
| MARJORIE L KEITH | DIRECTOR | 0.5 | — |
| RAYMOND DURKIN | DIRECTOR (TO 12/31) | 0.5 | — |
| BRIAN WYATT | SECRETARY & CHIEF LEGAL OFFICER | 0.5 | — |
| DANIEL DEBARBA | CHIEF FINANCIAL OFFICER; TREASURER | 0.5 | — |
| GRACE LINHARD | CHIEF DEVELOPMENT OFFICER | 8.5 | — |
| PETER A KELLY | FORMER PHC PRESIDENT; VBMC PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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